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The price of Elutia Inc (NASDAQ: ELUT) closed at $4.19 in the last session, up 4.75% from day before closing price of $4.00. In other words, the price has increased by $4.75 from its previous closing price. On the day, 91881.0 shares were traded. ELUT stock price reached its highest trading level at $4.77 during the session, while it also had its lowest trading level at $4.06.
Ratios:
We take a closer look at ELUT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 0.94.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Truist on November 02, 2020, initiated with a Buy rating and assigned the stock a target price of $20.
On November 02, 2020, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $20.
On November 02, 2020, Cowen started tracking the stock assigning a Outperform rating and target price of $20.Cowen initiated its Outperform rating on November 02, 2020, with a $20 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ELUT now has a Market Capitalization of 144815200 and an Enterprise Value of 125876816. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.84. Its current Enterprise Value per Revenue stands at 5.038 whereas that against EBITDA is -6.749.
Stock Price History:
Over the past 52 weeks, ELUT has reached a high of $5.24, while it has fallen to a 52-week low of $1.63. The 50-Day Moving Average of the stock is 12.33%, while the 200-Day Moving Average is calculated to be 17.04%.
Shares Statistics:
According to the various share statistics, ELUT traded on average about 35.74K shares per day over the past 3-months and 30590 shares per day over the past 10 days. A total of 34.56M shares are outstanding, with a floating share count of 19.32M. Insiders hold about 44.11% of the company’s shares, while institutions hold 32.57% stake in the company. Shares short for ELUT as of 1730332800 were 109381 with a Short Ratio of 3.05, compared to 1727654400 on 100676. Therefore, it implies a Short% of Shares Outstanding of 109381 and a Short% of Float of 0.54.
